Categories: FINANCE

Union Bank Pledges Improved Access to Capital for Small Businesses at BusinessDay 100 SME Conference

<h4>&NewLine;Union Bank Pledges Improved Access<&sol;h4>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that foremost financial institution&comma; Union Bank of Nigeria&comma; has reiterated its commitment to providing easy access to capital for Small and Medium-sized Enterprises in the country to boost the growth and profitability of the sector&period;<&sol;p>&NewLine;<p>This assertion was made at the 2023 edition of the &OpenCurlyQuote;Top 100 Fastest Growing SMEs in Nigeria’ conference recently hosted by Business Day newspaper&period;<&sol;p>&NewLine;<p>The event&comma; &OpenCurlyQuote;Accelerating growth for SMEs in an era of uncertainty&comma;’ brought together industry experts&comma; small business owners&comma; policymakers&comma; and other stakeholders in the SME sector to evaluate and spotlight the activities of SMEs in Nigeria&period;<&sol;p>&NewLine;<p>The well-attended conference included different panel sessions with discussions centered on many issues related to the development of SMEs in Nigeria&period;<&sol;p>&NewLine;<p>Speaking at the Raising Finance for SMEs panel&comma; Gloria Omereonye&comma; Area Business Executive&comma; Union Bank&comma; shared insights on how SMEs can be supported to access finance&period;<&sol;p>&NewLine;<p>According to her&colon; &OpenCurlyDoubleQuote;Access to timely and adequate capital is a major need for small businesses&period; Creating hassle-free&comma; seamless&comma; and technologically innovative processes for SMEs to receive loans is a big relief for businesses looking to develop and grow their enterprises quickly&period;<&sol;p>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;vanguardngr&period;com&sol;">At Union Bank&comma; we are always keen to collaborate and support entrepreneurs looking to scale up their small ventures&period;”<&sol;a><&sol;p>&NewLine;<p>Union Bank is pleased to continue to associate with the Business Day 100 SME Conference&comma; a platform that seeks to showcase the contributions of small and medium-sized enterprises crucial to developing the Nigerian economy&period;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;23324" aria-describedby&equals;"caption-attachment-23324" style&equals;"width&colon; 300px" class&equals;"wp-caption alignnone"><img class&equals;"size-medium wp-image-23324" src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2023&sol;12&sol;union-bank-nigeria-300x200&period;jpg" alt&equals;"Union Bank Pledges Improved Access to Capital for Small Businesses at BusinessDay 100 SME Conference " width&equals;"300" height&equals;"200" &sol;><figcaption id&equals;"caption-attachment-23324" class&equals;"wp-caption-text"><br &sol;><em><strong>Union Bank <&sol;strong><&sol;em><&sol;figcaption><&sol;figure>&NewLine;

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